WM Petroleum Ltd. Company News

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AWE Announces Reserves Growth at Tui Fields
Australia's Tui fields' reserves review has been finalized, and AWE announces an increase in the initial proven and probable reserves to 50.1 million barrels, an increase from the previous estimate of 47 million barrels.
8:00 PM EST | June 22, 2008
Cleanup Along Taranaki Coast Completed
AWE, as operator of the Tui Area Oil Project, advises that the clean up of oil along a section of the Taranaki coast has been completed.
7:00 PM EST | November 05, 2007
AWE Works with New Zealand Authorities on Taranaki Incident
New Zealand authorities has notified AWE of degraded oil, in the form of tar balls, has washed up on a stretch of Taranaki's coast.
8:00 PM EST | October 24, 2007
UPDATE: New Zealand Incident
AWE is advised that the oil found on the Taranaki coast appears to be similar to oil produced from the Tui oil field. AWE supplies sample for comparison.
8:00 PM EST | October 24, 2007
AWE Lifts First Tui Crude
New Zealand Prime Minister Helen Clark officially opened AWE Ltd.'s Tui Area Project at a ceremony in New Plymouth Thursday.
8:00 PM EST | August 15, 2007
Production Begins at Tui Area Development
AWE's fast-track approach to the Tui Area Development project has paid off with production starting just 19 months from the final investment decision made by the joint venture.
8:00 PM EST | July 30, 2007
AWE: Umuroa Arrives at Tui
Australian Worldwide Exploration Limited (AWE) said that another key milestone for the Tui Area Development was achieved over the weekend with the arrival of the Floating Production Storage and Offloading ("FPSO") vessel, Umuroa.
8:00 PM EST | April 23, 2007
AWE: Tui Area Project Reaches Milestone
Australian Worldwide Exploration Limited (AWE) announced that the FPSO Umuroa has sailed from Singapore and is heading toward its field location in New Zealand.
8:00 PM EST | April 02, 2007
AWE: Tui 3H Completion Underway
AWE Ltd. said that at 6 a.m. Tuesday, the Tui-3H well offshore New Zealand was running production tubing as part of the completion operations.
8:00 PM EST | March 26, 2007
Slower Drilling Rates Prompt AWE, Partners to Raise Tui Budget
Australian Worldwide Exploration Limited (AWE), operator of the Tui Area Oil Development offshore New Zealand, on Tuesday issued the following update on progress of development activities.
8:00 PM EST | March 12, 2007
AWE Spuds Tieke-1 Offshore New Zealand
AWE Ltd (AWE) reported that the Tieke-1 well commenced drilling at 0230 hours (NZ time) on November 22, 2006.
7:00 PM EST | November 21, 2006
AWE Kicks Off Taranaki Drilling Program
AWE Ltd's eight-well continuous offshore drilling campaign in New Zealand's Taranaki basin is set to start with the drilling rig <I>Ocean Patriot</I> now on tow for the first well site.
7:00 PM EST | November 12, 2006